Sie Consulting guarantees subsidiary loan for R&D center construction

Guangzhou Sie Consulting Co., Ltd. has approved a guarantee for its second-tier wholly-owned subsidiary, Guangdong Sie Consulting Property Investment Co., Ltd., to secure a bank loan. This funding is for the construction of the Sie Consulting Global R&D Center in Foshan City, where Sie Property holds land use rights for 7,815.49 square meters.

Sie Property plans to apply for a credit line not exceeding RMB 191.2 million, using its land use rights as collateral. Sie Consulting will provide a joint and several liability guarantee for up to RMB 206.2 million, covering RMB 191.2 million for fixed asset loans and RMB 15 million for separate letter of guarantee business. This decision was approved on August 20, 2025.

Following this guarantee, Sie Consulting's total guarantee amount for its controlling and wholly-owned subsidiaries reaches RMB 696.13 million, representing 26.08% of the company’s latest audited net assets. All guarantees are for consolidated entities, with no overdue or litigation-related guarantees. Sie Property was established on May 16, 2024, with a registered capital of RMB 50 million. Its total assets as of June 30, 2025, were RMB 31,411,376.97.